21 Feb 2011

Forbes magazine put the image Li Ka-Shing (79) as the ninth richest person in the world with assets worth $ 32 billion or equivalent to Rp302 trillion.

Uncontested again, his wealth was consecrated Li as the richest man in Hong Kong. He is the king among about 40 conglomerates in the city of the former British colony.

Forbes reported, soaring property prices and proximity to China's economy into a number of contributing factors why many residents of Hong Kong is getting rich.

Do not be surprised if you see a kind of luxury cars Rolls Royce and Porsche and down the streets of Hong Kong. "This phenomenon proves that Hong Kong remains one of the rides is conducive to business and investment. Apparently, this is hard to change," says Forbes Senior Editor Russell Flannery.

In 2007 this was a golden year for Li. Coronation Forbes became a proof of what a CEO of a company Cheung Kong Holdings and Hutchison Whampoa's mobile phone is a reliable negotiator in business transactions.

As the richest man, Li was certainly the effect is so rooted in Hong Kong. Li pleaded not accustomed to spend a day without enriching his family who now run the company's property, energy, telecommunications, and retail business.

Attribute that strapped conglomerate Li is a sweet fruit of his labors. The success of entrepreneurs who fled China in 1940, this stems from his ability to build a plastic flower business into a global business empire, with a diversified range of subsidiaries.

Li admitted, his success lies in the strong belief of synergy and cooperation. "Ideal of society can only be obtained if every member is ready and willing to carry out their respective duties," he said one day. Cheung Kong Limited is the main carriage Cheung Kong Group which has business operations in 55 countries worldwide and employs about 260 thousand personnel staff. In Hong Kong, the group has eight listed companies with combined market capitalization.

Li was born in 1928 in Chiu Chow, a coastal city in southeast China.Pada 1940, he crossed over to Hong Kong along with his entire family to avoid the risk of war. His father suffered from tuberculosis and died in Hong Kong.

After the death of his father, the responsibility for economic and livelihood burdened families in pundaknya.Keinginan strong to support his mother and her sisters make Li desperate to leave school at age 15 after work.

Li managed to get a job in the plastics trading company where he worked for 16 hours per day. Thanks to hard work, mental toughness, and high spirit, in 1950 Li ventured to set up his own company with the flag of Cheung Kong Industries.

Capital for Li founded the company obtained by borrowing from family and relatives. Because of his courage in doing business, Li in Hong Kong is often dubbed as "Superman".

Of these plastics factory, the business wing Li is growing, by establishing subsidiaries engaged in real estate investment.

The company successfully listed on Hong Kong Stock Exchange in 1972. More and waving empire makes Li's Cheung Kong Hutchison Whampoa to acquire self-confidence in 1975 and Hongkong Electric Holdings Limited in 1985.

Now, business Cheung Kong Group has penetrated many areas, including property development and investment, real estate agents and management, hospitality, telecommunications and e-commerce, finance, retail, port activities, energy, infrastructure projects and building materials, media and biotechnology . Like many other entrepreneurs who have a high social consciousness, Li also did not want his success enjoyed alone.

In 2002, Singapore Management University perpetuate the library with the name of Li Ka Shing Library after Richard Li's father had donated the funds of USD11, 5 million for the development of higher education. In 2005, Li announced the donation of USD128 billion for the Faculty of Medicine, University of Hong Kong.

Even on March 9, 2007, Li set aside the money amounted to 100 million Singapore dollars, to then be given to Lee Kuan Yew School of Public Policy at the National University of Singapore.

Coronation Forbes became a proof of what a CEO of a company Cheung Kong Holdings and Hutchison Whampoa's mobile phone is a reliable negotiator in business transactions. Imagine, with a business reason Li, Hutchison successfully injected into the telecommunications company Vodafone shares with a load of fresh funds worth 11 billion U.S. dollars. This makes Li successfully beat Hong Kong conglomerates other.